A publisher reports that 78 % of their readers own a laptop. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 120 found that 71 % of the readers owned a laptop. Find the value of the test statistic. Round your answer to two decimal places.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
A publisher reports that 78 % of their readers own a laptop. A marketing executive wants to test the claim that the percentage is actually different from the reported
percentage. A random sample of 120 found that 71% of the readers owned a laptop. Find the value of the test statistic. Round your answer to two decimal places.
Answer
How to enter your answer (opens in new window)
Tables
Keypad
Keyboard Shortcuts
Transcribed Image Text:A publisher reports that 78 % of their readers own a laptop. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 120 found that 71% of the readers owned a laptop. Find the value of the test statistic. Round your answer to two decimal places. Answer How to enter your answer (opens in new window) Tables Keypad Keyboard Shortcuts
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman